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have a good weekend. >>> hillary clinton is defending u.n. ambassador susan rice calling her a colleague. she has come under fire about the attack on the u.s. consulate in benghazi. >> our understanding evolved over time and we've done our best to keep the american people and the congress informed. that was her goal. that was her mission, and she should not be criticized for doing exactly that. my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not work for everyone -- and may not clear you completely, but for many, it gets skin clearer fast, within 2 months, and keeps it clearer up to 9 months. [ male announcer ] because enbrel®, etanercept, suppresses your immune system, it may lower your ability to fight infections. serious, sometimes fatal, events including infections, tuberculosis, lymphoma, other cancers, and nervous system and blood disorders have occurred. before starting enbrel, your doctor should test you for tu
have a good weekend. >>> hillary clinton is defending u.n. ambassador susan rice calling her a colleague. she has come under fire about the attack on the u.s. consulate in benghazi. >> our understanding evolved over time and we've done our best to keep the american people and the congress informed. that was her goal. that was her mission, and she should not be criticized for doing exactly that. my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i...
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the clinton deal as part of the budget control act. we're going to do $1 trillion in cuts. as secretary geithner pointed out, the president's budget contains additional cuts. and i don't think people recognize this. the president's budget over the next 10 years has more additional savings in medicare than the republican ryan budget over the next 10 years. let's see their plan. the reality is, they attack the president viciously, claiming he cut medicare by $716 billion. what they wanted to do was to add that $716 billion back into medicare, which would have cut the solvency by eight years. so they attack him for $716 billion, and now they are coming around saying, mr. president, you don't have enough medicare savings in your plan when in fact his plan over the next 10 years -- >> well, both things can be true. there's still not enough detail about how you fundamentally restructure medicare because the president does not want to make that commitment yet before he solves the tax issue. we'll come back. >> absolutely the right point, davi
the clinton deal as part of the budget control act. we're going to do $1 trillion in cuts. as secretary geithner pointed out, the president's budget contains additional cuts. and i don't think people recognize this. the president's budget over the next 10 years has more additional savings in medicare than the republican ryan budget over the next 10 years. let's see their plan. the reality is, they attack the president viciously, claiming he cut medicare by $716 billion. what they wanted to do...
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that's how it worked in the clinton years. that's how every deal we've gotten with the president has worked. that's how this deal will work. >> you're not going to get a majority of the majority unless there's significant cuts. the president needs to understand john boehner is the best -- the best negotiating partner he's going to ever have. and he's got to also understand conservatives, you know, i've been talking about republicans improving their brand, being more cooperative. i wouldn't vote for a deal to raise taxes in a million years. unless there were significant real substantial spending cuts on the other side. so -- >> don't cave. compromise. as you said. >> don't cave, compromise. >> congressmen kris van hollen and tom cole. >> we appreciate it. >> good luck. i hope you get it done. you're going to get it done. david gregory, thank you as well. >> thank you, david. >> you bet. >>> coming up, senator claire mccaskill will be here, my favorite senator. >> the luckiest senator, in fact, this past year. >> oh, cokie rober
that's how it worked in the clinton years. that's how every deal we've gotten with the president has worked. that's how this deal will work. >> you're not going to get a majority of the majority unless there's significant cuts. the president needs to understand john boehner is the best -- the best negotiating partner he's going to ever have. and he's got to also understand conservatives, you know, i've been talking about republicans improving their brand, being more cooperative. i...
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praised clinton in a more than ten-minute video tribute. take a look at this. >> strength, toughness, very strong streak of principle. >> i had the opportunity to work with her, to achieve ceasefire between israel and hamas. >> a strong and determined leader. >> politics as a mother, as a senator, the pinnacle up to now of her public service. >> one of the best secretary of states in american history and finally, hillary, a lot has been said about our relationship and here is what i know. you haven't just within one of my closest partners, you've become a great friend. >> yet this was not it at the 2016 convention yet. for those wondering if clinton may have politics in her faw tour listen to how the video wrapped up and secretary clinton's reaction. >> on the side of human rights, human dignity. more countries may have the same extraordinary good fortune that we've had. >> someone who knows a thing or two about political comeback, i can tell you i don't think we've heard the last of hillary clinton. ♪ girl, you're amazing just the way yo
praised clinton in a more than ten-minute video tribute. take a look at this. >> strength, toughness, very strong streak of principle. >> i had the opportunity to work with her, to achieve ceasefire between israel and hamas. >> a strong and determined leader. >> politics as a mother, as a senator, the pinnacle up to now of her public service. >> one of the best secretary of states in american history and finally, hillary, a lot has been said about our relationship...
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even bill clinton agrees. here's what he said at a conference i saw him at back in may. >> i think you could tax me at 100% and you wouldn't balance the budget. we're all going to have to contribute to this and if middle class people's wages were going up again and we had some growth in the economy, i don't think they would object to going back to the tax rates. >> with no breakthrough today, fiscal cliff negotiations, could this be a starting pot? "outfront" republican congressman james lankford of oklahoma, incoming chairman of the republican policy committee, the fifth ranking position in the house gop leadership. appreciate you're taking the time. what about this idea of racinin taxes on everyone? the math works much better. >> i heard your lead in when you said this is a new idea. actually, it's not a new idea, there are several democrats who have floated that for a while. the code word is we want to go back to the clinton tax rates and talk about the clinton economy that we had a much more vigorous econo
even bill clinton agrees. here's what he said at a conference i saw him at back in may. >> i think you could tax me at 100% and you wouldn't balance the budget. we're all going to have to contribute to this and if middle class people's wages were going up again and we had some growth in the economy, i don't think they would object to going back to the tax rates. >> with no breakthrough today, fiscal cliff negotiations, could this be a starting pot? "outfront" republican...
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and none other than william jefferson clinton playing. imagine the conversation out there on the links at andrews. >>> up next, we'll talk to the former senate majority leader who recently served as u.s. special envoy for middle east peace. was the leading peace negotiator for that region, former senator george mitchell will join us live on the other side of the break. we'll spend some time with him. >>> and record rainfall up and down the west coast. a live report from one northern california town, where the river is literally rushing through it. >>> money was the single most important factor in the election. >> a little bit later, former president jimmy carter said president obama's re-election win was his grandson's doing. we're dead serious. we'll tell you why, we're watching msnbc. the place for politics. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brush
and none other than william jefferson clinton playing. imagine the conversation out there on the links at andrews. >>> up next, we'll talk to the former senate majority leader who recently served as u.s. special envoy for middle east peace. was the leading peace negotiator for that region, former senator george mitchell will join us live on the other side of the break. we'll spend some time with him. >>> and record rainfall up and down the west coast. a live report from one...
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even bill clinton aagrees. here's what he said at a conference back in may. >> i think you could tax me at 100%, and you wouldn't balance the budget. we are all going to have to contribute to this. if middle class people's wages were going up again and we had some growth in the economy, i don't think they would object to going back to the tax rates that were there when i was predz. >> with now break through today and the fiscal cliff negotiations, is this a starting point? "outfront" republican congressman james langford of oklahoma, incoming chairman of the republican policy committee, the fifth ranking position in the house gop leadership. good to see you, sir. appreciate you taking the time. what about this idea of raising taxes on everyone? the math actually in this case is much more promising. it works much better. >> right. i heard your lead-in on it, and you said this is a new idea floated by howard dean. ints a new idea. several democrats have floated that a while. the code word is going back to the cli
even bill clinton aagrees. here's what he said at a conference back in may. >> i think you could tax me at 100%, and you wouldn't balance the budget. we are all going to have to contribute to this. if middle class people's wages were going up again and we had some growth in the economy, i don't think they would object to going back to the tax rates that were there when i was predz. >> with now break through today and the fiscal cliff negotiations, is this a starting point?...
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bill clinton, you don't have to agree with bill clinton but if anybody knows the game of politics, the only way to get something done is shut the door, while the media shrieking that things are done in secret. let me tell you, the toughest part of leadership is be in a room for exhaustion period of time. and saying guys, will you shut up when you leigh here, because i think we are getting close. out the door they go an then suddenly there is a light from a television camera. and then two or three of those guys just like a giant moth just go over to it. what went on in there? well, i had to leig leave becaue they were falking about a tax increase. god bless him. the other guy said i had to leigh because they talk about doing something with precious entitlements. thank god you did. it's b.s. and vagary and tragic. >> bret: what do you think will happen? you know the deal here. you know what is going on. what do you think is going to happen? >> guest: i hope i don't see anything more like statement of leadership on both sides that say i think if we go over the fiscal cliff it will help th
bill clinton, you don't have to agree with bill clinton but if anybody knows the game of politics, the only way to get something done is shut the door, while the media shrieking that things are done in secret. let me tell you, the toughest part of leadership is be in a room for exhaustion period of time. and saying guys, will you shut up when you leigh here, because i think we are getting close. out the door they go an then suddenly there is a light from a television camera. and then two or...
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what was so bad about the 39.6% highest rate under bill clinton? the economy was pretty good under bill clinton and that grumbling from democrats, i think, will be helpful to, ironically, republicans because a lot of republicans on the right are going to be saying to boehner, we had pledged to grover norquist no tax increase at all and here you are agreeing to what is effectively a tax increase. and i think that both sides are going to have to give a little bit of something, and that 37% may be the golden median. >> doug, let's talk about the unemployment report that came out today. it shows 7.7% unemployment. you know, i know a lot of democrats want to say, oh, it's dropping, but it seems to me for months and months and months, the unemployment numbers have just remained awful. they move a little up and down, but they're just a mess. 12 million people unemployed. it seems to me that that could cut either way. republicans could still lean on that and say, you may be winning the pr war on this thing right now, but don't forget, you've got a big prob
what was so bad about the 39.6% highest rate under bill clinton? the economy was pretty good under bill clinton and that grumbling from democrats, i think, will be helpful to, ironically, republicans because a lot of republicans on the right are going to be saying to boehner, we had pledged to grover norquist no tax increase at all and here you are agreeing to what is effectively a tax increase. and i think that both sides are going to have to give a little bit of something, and that 37% may be...
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this offer more bipartisan credibility, speaker boehner said the plan is based on a proposal by former clinton chief of staff erskine bowles. bowles said he was flattered by the use of his name but satsz the proposal, quote -- so far, this greek fiscal drama has yet failed to return. the larger question for america, the play ends in tragedy on december 31st. joining me now from washington, is the president for -- president of americans for tax reform, conservative counter broker and the man who does not believe in unicorns, pink or otherwise, mr. grover norquist. grover, what a day to have you on the show. thanks for joining us. >> absolutely. of course, you know, north korea and -- media announced they did find unicorns in north korea. >> we don't often take our cues from them. i am one that firmly believes in the existence of unicorns somewhere and hopefully maybe in this fiscal cliff deal. grover, the first question i have for you is this, your pledge, the pledge that many republicans have signed on to, opposes any and all efforts to increase marginal income tax rates and opposes any net re
this offer more bipartisan credibility, speaker boehner said the plan is based on a proposal by former clinton chief of staff erskine bowles. bowles said he was flattered by the use of his name but satsz the proposal, quote -- so far, this greek fiscal drama has yet failed to return. the larger question for america, the play ends in tragedy on december 31st. joining me now from washington, is the president for -- president of americans for tax reform, conservative counter broker and the man who...
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look at the clinton clip and the record of the clinton administration on guns in the 1990s. what happened in 2000, al gore lost the presidency. democrats freaked out because he lost the states clinton carried. kentucky, west virginia, missouri, tennessee, his home state. how many jokes did he suffer about losing his home state. he walked away saying we don't want to talk guns because we don't want to alienate them anymore. there's john kerry going goose hunting. 2000 was a turning point. was that about right? >> yeah, i agree. i think that, you know, people, these things become folklore. the one thing that is important to remember about this issue is that, you know, we did a -- we did work this summer on polling national right to life, nra members themselves. they buck the nra on these issues. they believe in common sense control and safety and a host of issues. there becomes this concern that there's a group. my point is it's not as powerful as people think it is. it's important to make that point. the nra went into conservative states and went after democratic senators and
look at the clinton clip and the record of the clinton administration on guns in the 1990s. what happened in 2000, al gore lost the presidency. democrats freaked out because he lost the states clinton carried. kentucky, west virginia, missouri, tennessee, his home state. how many jokes did he suffer about losing his home state. he walked away saying we don't want to talk guns because we don't want to alienate them anymore. there's john kerry going goose hunting. 2000 was a turning point. was...
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i mean, if their competitor in '16 is going to be hillary clinton, supported by bill clinton and presumably a still relatively popular president barack obama, trying to win that will be truly the super bowl. and the republican party today is incapable of competing at that level. and it's part of this cultural thing with our consultants. you start out thinking giving away 47% of the country, by the way, which included retirees, veterans. you know, it was an absurdity. and i think this is much more than mitt romney. we didn't blow it because of mitt romney. we blew it because of a party which has refused to engage the reality of american life and refused to take -- to think through what the average american needs for a better future. >> but recall what you said about 1964. in december 1964, lyndon johnson was re-elected. goldwater was finished. it was the end of the republican party. and at the end, the republicans nominated a man named richard nixon. and he became president. unthinkable. >> so you can have a campaign between hillary clinton and jeb bush, representing 36 years of bushes on na
i mean, if their competitor in '16 is going to be hillary clinton, supported by bill clinton and presumably a still relatively popular president barack obama, trying to win that will be truly the super bowl. and the republican party today is incapable of competing at that level. and it's part of this cultural thing with our consultants. you start out thinking giving away 47% of the country, by the way, which included retirees, veterans. you know, it was an absurdity. and i think this is much...
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that is what bill clinton is saying. he told an audience in sacramento that all the warnings of bloom and doom are political theater. quote now, the american people people are going to be sick when they watch it. it's just a kabuki dance, two dogs meating each other over a piece of meat they are sniffing each other out, end quote. always colorful. is that what is going on? >> reporter: there's been a lot of sniffing here in washington. i don't know if they like what they are spelling down here on either side on the deal. yeah, people have been describing it like that, some people said it's like a scorpian dance, you know, they are kind of stalking each other and waiting to get in that room and make the deal. erskine bowles said something similar that, both sides can't really talk about what it's going to be, because they would get pummeled by the base if either side really knew what they are going to in the end agree to. that is the hopeful optimistic side that a deal will be reached. there is another side that says, thi
that is what bill clinton is saying. he told an audience in sacramento that all the warnings of bloom and doom are political theater. quote now, the american people people are going to be sick when they watch it. it's just a kabuki dance, two dogs meating each other over a piece of meat they are sniffing each other out, end quote. always colorful. is that what is going on? >> reporter: there's been a lot of sniffing here in washington. i don't know if they like what they are spelling down...
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do not forget that bill clinton did welfare reform. one of the most historic acts over the last 50 years. do not forget that we caught government spending within those years. the problem with obama's proposals is he wants more. this idea that raising tax rates does not hurt the economy because, you can go ahead and spoke three packs of cigarettes a day for the rest of your life because i know somebody who did that and he did not get cancer. stuart: okay. that was very good. [ laughter ] now, i know why you have not been on the show very often. i am at a loss for words when you are done. stephen moore, i do hope you come back and see us soon. >> thank you, sir. stuart: here is an example of what i call tax hypocrisy. costco founder going to save because of the dividend payment this year. not next year, this year. the ceo, he is a very big obama supporter. even spoke at the democratic convention. >> a president who understands what the private sector needs to succeed. a president who takes the long view and makes the tough decisions. tha
do not forget that bill clinton did welfare reform. one of the most historic acts over the last 50 years. do not forget that we caught government spending within those years. the problem with obama's proposals is he wants more. this idea that raising tax rates does not hurt the economy because, you can go ahead and spoke three packs of cigarettes a day for the rest of your life because i know somebody who did that and he did not get cancer. stuart: okay. that was very good. [ laughter ] now, i...
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michelle was nominated for the audio version of her book and bill clinton was nominated for "50 shades of grey." >> thanks for starting your morning with us. we have much more ahead on "cnn saturday morning" which starts right now. >>> good morning, everyone. i'm randi kaye. victor blackwell is off. it is 7:00 on the east coast, thanks so much for starting your morning with cnn. it was supposed to be just for laughs. humor. the listeners with a lighthearted prank. two radio deejays called the hospital where the duchess of cambridge was getting treated and tricked a nurse to give details of her condition. two days later the nurse took her own life and now the deejays behind it are off the air. >> the house has mutually decided that this show will not return until further notice out of respect of what can only be described as a tragedy. >> cnn's matthew chance has more now on the story generating outrage around the world. >> you know what, they were the worst accents ever. >> it was meant as a light hearted aussie prank, even after their station issued an apologies the two deejays made l
michelle was nominated for the audio version of her book and bill clinton was nominated for "50 shades of grey." >> thanks for starting your morning with us. we have much more ahead on "cnn saturday morning" which starts right now. >>> good morning, everyone. i'm randi kaye. victor blackwell is off. it is 7:00 on the east coast, thanks so much for starting your morning with cnn. it was supposed to be just for laughs. humor. the listeners with a lighthearted...
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hillary clinton finally came out and gave a strong endorsement to susan rice. some people, including maureen dowd, would suggest maybe that took a little longer than was necessary. >> it was striking. it was striking how long it took. and it didn't go unnoticed, obviously. >> she's traveling. >> you see john kerry being embraced by republicans. i think a lot of democrats would also like him to be the next secretary of state. where are we in that fight? we have so many issues that are on the front pages now. i think the president needs to get his person in as soon as possible. >> well, my sense is that secretary clinton weighing in perhaps suggests that the nomination is coming soon. i've talked to people on all sides of this. there's no question that benghazi continues to be litigated. even on the democratic side, there is some division on this. i've talked to democratic senators who have questioned whether she has the standing, the stature, to be secretary of state. so obviously there's some division about how people view susan rice. but here's the bottom line
hillary clinton finally came out and gave a strong endorsement to susan rice. some people, including maureen dowd, would suggest maybe that took a little longer than was necessary. >> it was striking. it was striking how long it took. and it didn't go unnoticed, obviously. >> she's traveling. >> you see john kerry being embraced by republicans. i think a lot of democrats would also like him to be the next secretary of state. where are we in that fight? we have so many issues...
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ben's father vinod is an old friend of the clintons'. over the years, he's donated thousands of dollars to theirs and other democratic campaigns. and over time the families became close friends. >> ben, a beautiful man with a beautiful life. some people live four times as long and don't do as much good or bring as much joy. >> why did you decide to call me? >> i called you in desperation. i wanted to know what to do. i just knew that somebody needed to do something, but that's why i called you. i thought you -- a, i knew you'd care about it. and, b, i thought you'd know something about it. >> i could tell in your voice that you were pretty broken up. what kind of kid was he? >> a light shined out of him. that's all i can tell you. he grew up, he was big, strong, handsome, smart and wanted to make something of his life. he was industrious, but he was normal and liked to have a good time. i promise you that night he had no idea that he was turning out the lights. none. and if it's true of him, it's got to be true of a lot of other people.
ben's father vinod is an old friend of the clintons'. over the years, he's donated thousands of dollars to theirs and other democratic campaigns. and over time the families became close friends. >> ben, a beautiful man with a beautiful life. some people live four times as long and don't do as much good or bring as much joy. >> why did you decide to call me? >> i called you in desperation. i wanted to know what to do. i just knew that somebody needed to do something, but that's...
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you know the clintons, is there doubt or no doubt she's running for president? >> there's not in my mind much doubt. zero doubt in bill clinton's mind as to what he wants. he desperately wants her to do it. chris: you notice what he did in pennsylvania this time, knocked off people that opposed her in the past and helped people that have been with her. >> he is organizing his public life around keeping options open for her. hillary clinton would say, look, i'm exhausted, give me a year to get my life back in order to think about it but i think at every turn in hillary clinton's public life when she's had an option to do something more ambitious, she's chosen that option so to my mind there's not a lot of doubt. chris: let me ask you about the think we alle i agree she'll be encouraged to run. seems to me that other people like vice president biden and governor of new york, they have to get going and make their move. the secretary of state gets to relax, get her head clear, read a novel or two, think about something other than work. how long does she have? >> lin
you know the clintons, is there doubt or no doubt she's running for president? >> there's not in my mind much doubt. zero doubt in bill clinton's mind as to what he wants. he desperately wants her to do it. chris: you notice what he did in pennsylvania this time, knocked off people that opposed her in the past and helped people that have been with her. >> he is organizing his public life around keeping options open for her. hillary clinton would say, look, i'm exhausted, give me a...
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clinton, and they told me that bill clinton and barack obama ave had a major falling out. lou: wow, afterll the campaigning? the elegant speech, really? >> because of this estrangement, i'm told, is back to the presidential election when clinton struck a deal with obama. in the deal, clinton said he'd give the nominating speech and go out and campaign for obama, but in return, he wanted a couple things from the president. first, clinton wanted to be a allowed to name the next chairman of the democratic national committee to have effective control of the party apparatus and all the money that goes with that. lou: that's a big gift. >> well, he did a big deal for obama. lou: right. >> secondly, he wanted obama to agree that he would back hillary if she runs for president in 2016, and that was a verbal commitment he believed he had from barack obama. shortly after the election, according, again, to my sources, clinton sent obama a list of five names from which he could choose the next chairman of the democratic national convention. lou: a list from clinton to the president? >
clinton, and they told me that bill clinton and barack obama ave had a major falling out. lou: wow, afterll the campaigning? the elegant speech, really? >> because of this estrangement, i'm told, is back to the presidential election when clinton struck a deal with obama. in the deal, clinton said he'd give the nominating speech and go out and campaign for obama, but in return, he wanted a couple things from the president. first, clinton wanted to be a allowed to name the next chairman of...
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. >> bill clinton. let's do it. >> bill clinton, 42nd president of the united states his popular appeal nearly provoked house republicans to impeach him for conduct in his personal life, an unprecedented move that would have made a mockery of the u.s. constitution and was therefore quickly dismissed as a level with the time. a self-described new democrat he sets his policies would have been only the second president to face impeachment, a drastic measure that republican leaders immediately dropped as an absurd active in the lofty constitutional standard for impeachment of high crimes and misdemeanors. also self aware enough to realize they're own marital infidelities would have tainted the already dubious legal proceedings. these considerations as well as they share revulsion at the thought of tying up two branches of government for months and diverting millions of taxpayer dollars to a trial the public would quickly unmasked as a political and motivated ploy prompted house leaders to simply allow ameri
. >> bill clinton. let's do it. >> bill clinton, 42nd president of the united states his popular appeal nearly provoked house republicans to impeach him for conduct in his personal life, an unprecedented move that would have made a mockery of the u.s. constitution and was therefore quickly dismissed as a level with the time. a self-described new democrat he sets his policies would have been only the second president to face impeachment, a drastic measure that republican leaders...
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mayor clinton? >> probably not. >> new york city is looking for a mayor. >> maybe something with a little more beach front property the next few years before thinking about iowa. >> i don't know. you're watching "starting point." we'll take some guesses. 0 calor? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. point." this just in, a school bus carrying children has crashed into a pole in seminole county, florida. this is from wftv who spoke to the florida highway patrol. troopers told them the children were taken off the bus.
mayor clinton? >> probably not. >> new york city is looking for a mayor. >> maybe something with a little more beach front property the next few years before thinking about iowa. >> i don't know. you're watching "starting point." we'll take some guesses. 0 calor? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. when you take a closer look... ...at the best schools...
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ronald reagan and throughout the clinton era. john: george w. bush hired 86,000 more regulators. >> banking is one of the most regulated industries if not the most. the problem was not deregulation but we had a crisis caused by a massive industry in real-estate due to policies to seven everybody encouraged to take out a mortgage. there will intended. they crafted the bill. logic says this will protect us? >> dodd/frank does not end the bailout are too big to fail. john: all this? that is left in here and even encouraged because it implies some banks will be bailed out. >> right. when you say the bank is systemic you say it is an institution to big and important and critical to allow to be left 57 they have labeled them systemic. it shows what happens and white increases the risk. the big banks can borrow money more cheaply because they think the government will bail them out. >> creditors know they will not be bailed out if they fail so they give them money at it cheaper rate. >> jpmorgan chase pays $4 interest but the small bank pays $70 $0.50.
ronald reagan and throughout the clinton era. john: george w. bush hired 86,000 more regulators. >> banking is one of the most regulated industries if not the most. the problem was not deregulation but we had a crisis caused by a massive industry in real-estate due to policies to seven everybody encouraged to take out a mortgage. there will intended. they crafted the bill. logic says this will protect us? >> dodd/frank does not end the bailout are too big to fail. john: all this?...
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going back to the clinton era rate of 39% -- >> is it about fairness? or is it about lessening the deficit? because it doesn't really do a whole lot for the debt or deficit over ten years. >> well, it's about fairness, but it's also about what are the better options? given that the wealthy are really skating by these days. and so how do you collect more revenue from them? and all the various ideas about, well, you cap this deduction, and cap that deduction. there are not only political constituencies that will fight tooth and claw on every deducti deduction, there are some reasons, fairly good reasons why you would want to think twice. you know, are you going to go after home mortgage deduction at a time when the housing industry is trying to get its feet? are you going to go after the exemption on taxation for health insurance? i mean, that's the biggest one, actually. that's like $250 billion a year. but i don't think anybody wants to dive back into that at this point. so, you know, how else are you going to do it? >> arianna, can i just say that -- a
going back to the clinton era rate of 39% -- >> is it about fairness? or is it about lessening the deficit? because it doesn't really do a whole lot for the debt or deficit over ten years. >> well, it's about fairness, but it's also about what are the better options? given that the wealthy are really skating by these days. and so how do you collect more revenue from them? and all the various ideas about, well, you cap this deduction, and cap that deduction. there are not only...
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they impeached bill clinton but made a deal. they made a deal that was nor the right of where most democrats are. this president has a unique opportunity to make a deal for more towards his left. remember dick cheney said to -- speaking of sequels. remember when dick cheney said you got the high approval ratings you can spend them on the iraq war. republicans what they want is the president to spend some of his popularity and put out unpopular ideas for cuts. democrats don't have an incentive to do that. >> big news. stand by. my thanks. in need to pass along this breaking news from across the pond. we're just learning that prince william and kate middleton are expecting. this is news from clarence house. they will be having their first baby. nbc news is working further to confirm this but the rest of the royal family has said to be excited by this news. she was admitted to the hospital this afternoon because of morning sickness. she's pebted to stay in the hospital for a few days. the panel can all agree -- >> republicans and d
they impeached bill clinton but made a deal. they made a deal that was nor the right of where most democrats are. this president has a unique opportunity to make a deal for more towards his left. remember dick cheney said to -- speaking of sequels. remember when dick cheney said you got the high approval ratings you can spend them on the iraq war. republicans what they want is the president to spend some of his popularity and put out unpopular ideas for cuts. democrats don't have an incentive...
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secretary clinton said she was not interested. politico reports actress ashley judd is seriously considering a run for 2014 against mitch mcconnell in his home state of kentucky. mcconnell's office warned he will not go easy on whoever the democratic challenger is but did not reference judd specifically. mitt romney is going back to work at his own job. marriott international has announced romney rejoined the board of directors after resigning two years ago. as for how much romney will earn, s.e.c. showed that directors received a base pay of $60,000 plus $1250 for every meeting they attended. romney has a long-time friendship with the members of marriott family and has served on the board off and on since 1993. >>> all right. time for the "news nation" gut check. bloomberg news is reporting that president obama is considering "vogue" anna wintor to be the next u.s. ambassador to the uk or france. she raised $500,000 for his re-election campaign. she's been at "vogue" for more than 25 years and they say she's very happy about the
secretary clinton said she was not interested. politico reports actress ashley judd is seriously considering a run for 2014 against mitch mcconnell in his home state of kentucky. mcconnell's office warned he will not go easy on whoever the democratic challenger is but did not reference judd specifically. mitt romney is going back to work at his own job. marriott international has announced romney rejoined the board of directors after resigning two years ago. as for how much romney will earn,...
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Dec 6, 2012
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hillary clinton. a new abc news/washington post poll say they would back hillary clinton. it's helpful no one has run a campaign against clinton for the past four years and also helping her numbers is 68% approve of the job she's done as secretary of state for this country. >>> welcome back to "hardball." we know now that mitt romney blames his loss on obama's gifts. i should put the quote marks around that. the much maligned 47% came out in force. last night paul ryan distanced himself from his running mate's remarks. take a look. >> both parties tend to divide americans into our voters and their voters. let's be really clear. republicans must steer far clear of that trap. we must speak to aspirations and anxieties of every american. >> you know, it's hardly a month and he's gone already. what a running mate. he ran away from his mate. the problem for republicans in 2012 is that romney failed to speak to those aspirations and anxieties just mentioned. in a much read analysis david winstin argues romney lashed him to george w. bush. the bottom line is romney could not coun
hillary clinton. a new abc news/washington post poll say they would back hillary clinton. it's helpful no one has run a campaign against clinton for the past four years and also helping her numbers is 68% approve of the job she's done as secretary of state for this country. >>> welcome back to "hardball." we know now that mitt romney blames his loss on obama's gifts. i should put the quote marks around that. the much maligned 47% came out in force. last night paul ryan...
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bill clinton along with others says if there's a movie made about hillary clinton, meryl streep should get the part. >>> next, secretary who? at a u.n. event to benefit people with disabilities, john mccain took on the rumors of who will be the next secretary of state after an introduction from john kerry. >> senator mccain. >> thank you very much, mr. secretary. >> kerry stepped up again after mccain but refused to bite on that one. >> thank you very much, mr. president. this is what happens when you get two losers up here, folks. >> that was a good line. kerry has been careful to stay clear of the public speculation about whom the president will actually pick to replace hillary clinton. >>> also, arizona governor jan brewer, she's a heavyweight, in a comment about global warming. she doesn't think it's manmade, but her own explanation for climate change is rather lacking. here is what she told a local reporter. >> everybody has an opinion on it, you know, and i probably don't believe it's manmade. i believe that, you know, weather and certain elements are controlled maybe by differen
bill clinton along with others says if there's a movie made about hillary clinton, meryl streep should get the part. >>> next, secretary who? at a u.n. event to benefit people with disabilities, john mccain took on the rumors of who will be the next secretary of state after an introduction from john kerry. >> senator mccain. >> thank you very much, mr. secretary. >> kerry stepped up again after mccain but refused to bite on that one. >> thank you very much, mr....
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Dec 10, 2012
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clinton did it legitimately, i think. but in other words, the keynesian idea was we run up a deficit when we have a swamp. we run up a large deficit when we have a slump and run up medium-sized deficits in times of prosperity. the u.s. government is spending about $3.6 trillion this year. federal spending has gone up at roughly twice the rate of economic growth. interest payments are temporarily manageable. but interest rates are at historic lows and likely to go up. our current situation is in no way comparable to that of the '40's when the national debt grew to an amount nearly equal to annual gdp. once the war ended, spending went down and the u.s. proceeded to grow at a greater than 4% annual rate for 20 years. that took care of the deficit or the debt with the problem. today, everything points in the other direction. interest rates are likely to go up. demand for further spending will increase for reasons i will get to a minute. state and local governments rely on federal transfers to balance their books. the state o
clinton did it legitimately, i think. but in other words, the keynesian idea was we run up a deficit when we have a swamp. we run up a large deficit when we have a slump and run up medium-sized deficits in times of prosperity. the u.s. government is spending about $3.6 trillion this year. federal spending has gone up at roughly twice the rate of economic growth. interest payments are temporarily manageable. but interest rates are at historic lows and likely to go up. our current situation is in...
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hillary clinton. a new abc news/washington post poll say they would back hillary clinton. it's helpful no one has run a ç campaign against clinton for the past four years and also helping her numbers is 68% approve of the job she's done as secretary of state for this country. ♪ [ male announcer ] jill and her mouth have lived a great life. but she has some dental issues she's not happy about. so i introduced jill to crest pro-health for life. selected for people over 50. pro-health for life is a toothpaste that defends against tender, inflamed gums, sensitivity and weak enamel. conditions people over 50 experience. crest pro-health for life. so jill can keep living the good life. crest. life opens up when you do. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. ♪ you make me happy [ female announcer ] choose the same brand your mom trusted for you. children's tylenol, the #1 brand of pain and
hillary clinton. a new abc news/washington post poll say they would back hillary clinton. it's helpful no one has run a ç campaign against clinton for the past four years and also helping her numbers is 68% approve of the job she's done as secretary of state for this country. ♪ [ male announcer ] jill and her mouth have lived a great life. but she has some dental issues she's not happy about. so i introduced jill to crest pro-health for life. selected for people over 50. pro-health for life...
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Dec 6, 2012
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instead of going up to 39.6, which was the top rate that clinton set, it's down to 35 now. they move to 37, and republicans are a critical number of republicans in the house are able to say, well we didn't give if all the way. we got the best deal we could and held them to 37%. from the democrats' standpoint after fighting it for a decade, do you think it's good enough to get to 37%? >> normally that's where a compromise is. whenever you legislate numbers and tax rates are always just the legislation of numbers, the place to compromise actually is on what that number is. now, there are two numbers that the obama side, the democrats want to change. there are two top rates. the 33 and the 35. under the obama plan, the 33 would go to 36, the 35 would go to 39.6. you know, if you're trying to negotiate a compromise, you can start to play with each one of those numbers and try to find something. the huge problem for the republicans on doing that is they're opposed to any kind of tax increase on principle. so it's very hard for them to go into the negotiations that way and say, w
instead of going up to 39.6, which was the top rate that clinton set, it's down to 35 now. they move to 37, and republicans are a critical number of republicans in the house are able to say, well we didn't give if all the way. we got the best deal we could and held them to 37%. from the democrats' standpoint after fighting it for a decade, do you think it's good enough to get to 37%? >> normally that's where a compromise is. whenever you legislate numbers and tax rates are always just the...
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Dec 4, 2012
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buick as well as former clinton special counsel davis. the president campaigns on $800 billion in new taxes. he now wants 1.6 trillion. he wants twice the amount, lanny. he wants a blank check and congress to give up its authority as it relates to money and say no, no, let me raise the debt ceiling any time i want. he wants 150 billion in new stimulus but no entitlement cuts at all, no spending cuts at all. now that sounds to me like somebody that's not serious. >> i don't know where to begin to correct some of what you just said, but let me at least start with ronald ra reagan. >> tell me where i'm wrong. >> you're certainly wrong that he didn't campaign to cut 98% of the american people's taxes with the upper 2% paying. he won the election based on that explicit proposal. >> and the house from their election -- the house won their election to stop him. the house also won, lanny. >> 535 congressional districts, most of which have little opposition, exain capture be cao voting for president. >> they did not vote to give him a rubber stamp
buick as well as former clinton special counsel davis. the president campaigns on $800 billion in new taxes. he now wants 1.6 trillion. he wants twice the amount, lanny. he wants a blank check and congress to give up its authority as it relates to money and say no, no, let me raise the debt ceiling any time i want. he wants 150 billion in new stimulus but no entitlement cuts at all, no spending cuts at all. now that sounds to me like somebody that's not serious. >> i don't know where to...